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Leokris [45]
1 year ago
6

although activity-based depreciation methods are theoretically superior to time-based methods, activity-based methods are (selec

t all that apply.) multiple select question. too costly to use. difficult to apply in practice. not allowed by gaap. only permissible for manufacturing firms
Business
1 answer:
Orlov [11]1 year ago
5 0

Activity-based depreciation methods are more costly and difficult to use. Thus, the correct options are (a) ‘too costly to use’ and (b)  ‘difficult to apply in practice’.

The activity-based depreciation methods link the costs of assets with their output/production levels over a period of time. Although activity-based depreciation methods are theoretically more efficient than time-based depreciation methods, still they are not widely used in practice it is because of their high cost and level of difficulty.

For example, for the assets like machineries where productivity can be measured by the units of production and amout of time of production. It is simple to measure the production time than to determine the units of production.

You can more about depreciation methods at

brainly.com/question/18724238

#SPJ4

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Taylor takes her employees' opinions into consideration via reasoning and discussion when making departmental decisions. Which o
qwelly [4]

Answer:

A. Flexible

Explanation:

Taylor takes her employees' opinions into consideration via reasoning and discussion when making departmental decisions. She is very much flexible  with her role models. She listens to her employees, takes advises from them and then accordingly make divisions. She is the best example of a leader who learn from others and make plans with the help of others in the changing situations. An effective leader and manager should be flexible in order to make their employees and followers comfortable with them. In this way, they can share and coordinate quite effectively.  

6 0
3 years ago
What are the 10 categories of business law?
AysviL [449]

Answer:

There are 10 categories of business law which are :

  • Contracts,
  • Securities Law,
  • Intellectual Property,
  • Income Tax,
  • Pensions & Benefits,
  • Trusts & Estates,
  • Immigration Law,
  • Labor Law,
  • Employment Law and
  • Bankruptcy.

Business laws have different fields which at taught in the law school. Like criminal law, Business law is also a category of law and these are the categories of business law which focuses on the working of corporations and businesses.

8 0
3 years ago
Suppose your firm receives a $ 3.2 million order on the last day of the year. You fill the order with $ 1.7 million worth of inv
AURORKA [14]

Answer & Explanation:

<u>a.- Revenues: </u>Increase for 3.2 millions

It will be recognize for the entire order, as it was deliveried entirely within the accounting period.

<u>b.- Earnings: </u> Increase for 1.5 millions

The earnings for the business will be the net between the revenues and expenses.

3.2 revenues - 1.7 expenses = 1.5 earnings

<u>c.- Receivables: </u> Increase for 1.8 millions

It will increase for the unpaid portion ofthe order.

<u>d.- Inventory</u> Decrease for 1.7 millions

It will decrease for the entire cost of the order, as it was within this accounting period both, revenues and the expense related to it, will be recognize.

<u>e.- Cash:</u> Increase for 1.4 millions

It will increase for the amount received from the customer. As it was no payment from the business in the transaction.

5 0
4 years ago
Following is a partial process cost summary for Mitchell Manufacturing's Canning Department. Equivalent Units of Production Dire
ira [324]

Answer:

The total conversion costs transferred out of the Cranning Department = $196000  

Explanation:

We have been given with the equivalent units of production with direct materials and conversion.  In order to find the total conversion costs transferred out of the Cranning Department, we need the conversion units which are 50,000 units along with cost per equivalent unit for conversion which is $3.92 per EUP.

The total conversion costs transferred out of the Cranning Department = 50,000 * $3.92

The total conversion costs transferred out of the Cranning Department = $196000  

7 0
3 years ago
Prepare a bank reconciliation as of October 31 from the following information:
kakasveta [241]

Answer:

              Bank Reconciliation Statement as of October 31

Particulars                       Amount    Particulars                     Amount

Balance as per bank          $350      Balance as per books    $806

Add: Late deposit               $433      Less: Returned checks   $80

Less: Outstanding check    $66       Less: Error recordings    $9

          ($24+$42)                                           ($65-$56)

Reconciled Balance           $717        Reconciled Balance       $717

3 0
3 years ago
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